The Get Ethical Blog

2024 Federal Budget proposals - what they mean for you.

Here’s a summary of the highlights from the May 2024 Federal budget, focussing on proposals which we thought would be of particular interest ie the macro, personal and especially green energy and tackling climate change.

One of the government’s main priorities for this year’s Budget was to provide cost-of-living relief, including expanded tax cuts, energy bill rebates and student debt assistance, without adding to inflation.

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Electric Vehicles Josh Cohen Electric Vehicles Josh Cohen

Is an EV reliable?

A recent Consumer Reports survey in the US indicates that EVs have more problems than ICE (Internal Combustion Engine) cars, despite their simpler drivetrains. The study surveyed 330,000+ car owners and identified 12 potential EV problem areas. The study considered severity of problems, track testing, safety data, and owner satisfaction. The results are surprising!

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Financial Planning, Tax Josh Cohen Financial Planning, Tax Josh Cohen

Free! Download the ATO app to stay on top of your expenses and tax

There’s a free tax app available via the ATO, to stay on top of all things income - expenses, tax and super. Feedback from clients is that they love it as it’s an easy way of keeping track of expenses.

You can use the app to log into the tax portal and have all of the relevant tax and super information, and tools all in the one place. Means that you get to free up your thinking space to doing good with your money and savings, and you spend less time hassling through the detail at tax time, and throughout the year as well.

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